Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) Sets New 12-Month High – What’s Next?

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (NYSEARCA:GSSC) reached a new 52-week high on Monday . The stock traded as high as $76.46 and last traded at $76.15, with a volume of 1594 shares. The stock had previously closed at $75.11.

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF Stock Performance

The business’s 50 day simple moving average is $70.46 and its 200-day simple moving average is $67.22. The company has a market cap of $594.59 million, a price-to-earnings ratio of 11.08 and a beta of 1.14.

Institutional Investors Weigh In On Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of GSSC. American National Bank lifted its position in Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 3.8% during the 2nd quarter. American National Bank now owns 523,471 shares of the company’s stock worth $33,164,000 after acquiring an additional 19,023 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 6.1% during the 2nd quarter. LPL Financial LLC now owns 521,568 shares of the company’s stock worth $33,044,000 after purchasing an additional 30,141 shares during the period. First Foundation Advisors increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 35.9% during the 2nd quarter. First Foundation Advisors now owns 518,862 shares of the company’s stock worth $32,872,000 after purchasing an additional 137,059 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 23.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 292,844 shares of the company’s stock worth $18,553,000 after purchasing an additional 55,397 shares during the period. Finally, 1900 Wealth Management LLC increased its holdings in shares of Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF by 34.2% during the 3rd quarter. 1900 Wealth Management LLC now owns 250,399 shares of the company’s stock worth $16,414,000 after purchasing an additional 63,810 shares during the period.

About Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks. The index equally weights four factor-based sub-indices: value, momentum, quality, and low volatility. GSSC was launched on Jun 28, 2017 and is managed by Goldman Sachs.